ELI5: Explain Like I'm 5

Pseudomedian

Imagine you have a class with your friends and your teacher asks everyone to guess how many stickers they have in a box. Some of your friends guess really high, and some guess really low. Some are close, but others are really far off. The teacher takes all the guesses and wants to find the best guess that's in the middle of all the guesses.

Instead of just taking the average (or the mean) of all the guesses, the teacher chooses to use something called the pseudomedian. The pseudomedian is like the middle guess or the middle number, but it doesn't just mean the number that's exactly in the middle of all the guesses. It's the number that's closest to exactly half of the guesses.

For example, if your class had 10 friends guessing and 5 of them guessed really high and the other 5 guessed really low, the average would be right in the middle, which would be way higher than most of the guesses. But the pseudomedian would be the fifth highest guess or the fifth lowest guess, which would be closer to what most of your friends thought.

So, basically, the pseudomedian is a way to find the middle or average number, but it takes into account how the numbers are spread out and chooses the number that's closest to half of the guesses.
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